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The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …, with the tolls being inversely related to a carrier's airport flight share. Internalization of airport congestion is the …
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Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual … around Amsterdam Airport as the sum of hedonic price differentials and a residual cost component. The residual costs are …
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We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a simple model of trade, in which a natural resource like oil is contested by competing groups using real resources (ʺgunsʺ). Thus, conflict is viewed as ultimately stemming from...
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